MermADAs Cardano Chronicles

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Stake with TAILS using Daedalus Wallet

Published April 30, 2022 by MermADA of Stake Pool TAILS

post-thumb How to earn passive income staking with Metro Mermaids Stake Pool Ticker tails

1. Buy ADA - Purchase ADA from your favorite exchange. We recommend Binance, Coinbase or Crypto.com. Don’t have an account, sign up for one!

2. Download a Digital Wallet Application - Download Cardano’s native wallet - Daedalus Wallet. Daedalus Wallet is a complete node only available for desktop.

3. Open Your Digital Wallet - Go to your new wallet in the app you downloaded and create a new wallet.

4. Withdraw Your ADA from the Exchange - Transfer your ADA from the exchange to your digital wallet. Copy and Paste your wallet’s address to avoid mistakes.

5. Stake your Ada with ticker TAILS - Stake your ADA with ticker TAILS. When we mint blocks you will receive rewards 15-20 days later. You can even add a new wallet, split your ADA and stake with multiple pools! This is excellent for being able to support small pools who are essential to the decentralization of Cardano’s network.

"The real cure for our environmental problems is to understand that our job is to salvage Mother Nature. We are facing a formidable enemy in this field. It is the hunters... and to convince them to leave their guns on the wall is going to be very difficult." - Jacques Yves Cousteau, Oceanographer